Emerson Electric to Acquire Remaining AspenTech Shares in $15 Billion Deal

The acquisition aims to strengthen Emerson's focus on industrial automation and expand its software capabilities.

Emerson Electric has proposed to buy the remaining 45% stake in AspenTech for $240 per share, valuing the deal at $15.1 billion.
The move is part of Emerson's strategy to enhance its industrial automation portfolio amid growing demand for factory modernization.
Emerson's stock surged by 7% following the announcement, reflecting investor confidence in the company's strategic direction.
The company plans to buy back $2 billion of its common stock in fiscal year 2025, with half expected in the first quarter.
Emerson is also exploring strategic alternatives for its non-automation Safety & Productivity unit, which contributed $1.4 billion in sales in 2024.